Manare5 (Pty) Ltd
Business Location: | Urban |
Province | Gauteng |
Branch: | Fezile Dabi |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Supply of electrical components.
Challenges/Needs:
One of the major challenges that was identified through the Assessment of Company Operation (ACO) and Critical planning Exercise (CPE) was the lack of an online presence. Proper business mentorship to assist with business growth was also identified in the action plan.
Intervention Insights and Results
Intervention Details:
• The clients was assisted with E-Marketing.
• The business was further included in SECP mentorship group
• The business was assisted with strategic planning.
• The business was further included in SECP mentorship group
• The business was assisted with strategic planning.
Outcome Details:
• The business has retained employees
• The business’s turnover has improved from R1 065 223.00 to R3 368 160.00p.a.
• The business has secured a R5 Million project for Thuthuka Power station
• The business was approved a credit facility of R150 000 by supplier (Centralec) through Seda intervention
• Business accessed asset assist program for R250 000
• The business’s turnover has improved from R1 065 223.00 to R3 368 160.00p.a.
• The business has secured a R5 Million project for Thuthuka Power station
• The business was approved a credit facility of R150 000 by supplier (Centralec) through Seda intervention
• Business accessed asset assist program for R250 000
Client Feedback
Client Comments:
“Seda has simplified things”